833 S Alvarado Street, Los Angeles, CA 90057

Local realty services provided by:ERA Excel Realty
833 S Alvarado Street,Los Angeles, CA 90057
$3,395,000
  • 20 Beds
  • 18 Baths
  • 11,846 sq. ft.
  • Multi-family
  • Active
Listed by:joshua cohen
Office:keller williams realty
MLS#:25575981
Source:CRMLS

Price summary

  • Price:$3,395,000
  • Price per sq. ft.:$286.59

About this home

We are pleased to present our latest listing, 18 units located at 833 South Alvarado Street. This investment opportunity is positioned between Koreatown, Silver Lake, and MacArthur Park, with terrific access to Downtown and the rest of Los Angeles! This investment is priced to sell at a current 6.93% Cap Rate and 9.05 GRM, with projected rental upside of about 26% for a new owner! The units are comprised of (2) 2 Bed / 2 Bath units and and (16) 1Bed / 1 Bath units. The building is 11,846 square feet and the units are large, averaging about 650 square feet each, and many have access to private patios. The grounds also feature onsite laundry and secure parking for all units. Soft-story seismic retrofit work has also been completed, and units are individually metered for gas and electricity. With a terrific walk score of 96, the property is surrounded by many great amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking.

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Home facts

  • Year built:1968
  • Listing ID #:25575981
  • Added:48 day(s) ago
  • Updated:September 21, 2025 at 01:19 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:18
  • Living area:11,846 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1968
  • Building area:11,846 sq. ft.
  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$3,395,000
  • Price per sq. ft.:$286.59
Based on information from California Regional Multiple Listing Service, Inc. as of September 25, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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